Settings8H · net · $10k
Funding arb · Price arb /

UMA

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Hyperliquid−0.079%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.079% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid UMA0.40260.0100pay 0.0013% / 1h12m 35s$213K$68K3x
ShortAster UMAUSDT0.40230.0100get 0.0050% / 4h2h 12m$24K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.079% → 0.000%
−$7.92
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$24.92
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 27 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 27 min ago1.87 bp37.1 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UMA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid UMAlong+0.0100%1h0.4026long leg$213K$68K3x
Aster UMAUSDTshort+0.0100%4h0.4023−0.079%$24K$2K5x
Binance UMAUSDT+0.0100%4h0.4019−0.167%$1.5M$1.3M50xas long as short
Bybit UMAUSDT+0.0100%4h0.4022−0.094%$667K$163K25xas long as short
OKX UMA-USDT-SWAP+0.0100%4h0.4022−0.094%$313K$242K10xas long as short
Gate UMA_USDT+0.0100%4h0.4024−0.045%$78K$46K25xas long as short
MEXC UMA_USDT+0.0100%4h0.4020−0.144%$223K$171K50xas long as short
KuCoin UMAUSDTM+0.0100%4h0.4019−0.169%$163K$62K30xas long as short
Bitget UMAUSDT+0.0100%4h0.4022−0.094%$969K$71K50xas long as short
BingX UMA-USDT+0.0100%4h0.4021−0.119%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UMA+0.0100%4h0.4024−0.038%$5K$7as long as short
Kraken Futures PF_UMAUSD+0.2498%1h0.4029+0.075%$14K$6K10xas long as short